Modeled non-residential air source heat pump project
Capital cost ($): $333,753
Lifetime energy cost savings ($): $-407,857
Net lifetime savings ($): $-741,610
Benefit-cost ratio: -1.2
Estimated square feet heated by ASHP systems: 43,796
Excess generation capacity needed (kW): 33 kW
Expected average coefficient of performance (COP): 2.43
This component calculates the potential change in heating oil usage from the installation of new air source heat pumps in non-residential buildings (assumed to heat 30% of non-residential square footage).